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HomeAll NewsMost read newsBusiness Leaders Biography
Birthday : 01/12/1964
Place of birth : Albuquerque - United States
Linked companies : Amazon.com, Inc.
Biography : Founder of Amazon.com, Inc., Explore Holdings LLC, Bezos Day One Fund and Blue Origin LLC, Jeffrey...

U.S. FTC rejects Amazon bid to quash Bezos, Jassy testimony

09/21/2022 | 08:14pm EDT
FILE PHOTO: Andy Jassy, CEO Amazon Web Services, speaks at the WSJD Live conference in Laguna Beach

WASHINGTON (Reuters) - The U.S. Federal Trade Commission on Wednesday rejected a bid by Amazon.com Inc to quash demands that both Chief Executive Andy Jassy and Executive Chairman Jeff Bezos testify at an investigative hearing.

Last month, Amazon questioned what it called the agency's "burdensome" requests in its investigation of the sign-up and cancellation processes for its Prime program. The FTC said Amazon.com must comply with broad June 30 Civil Investigative Demand no later than Oct. 7.

(Reporting by David Shepardson; Editing by Sandra Maler)


© Reuters 2022
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